will pivot to the busiest month of ipos in the nation s history. for that, we ll start this hour with leslie picker hey, leslie. hey, carl, that s right door dash set to price its ipo after the market closes today. door dash has already gotten greater-than-expected demand, to hike its range and indicate to investors that it plans to price at the high end or above that boosted range. there s no doubt that 2020 has been door dash s year. the company has seen profits quadruple and posted a quarter of a profit in the second quarter. restaurant dining rooms around the country closed or partially closed, consumers have turned increasingly to delivery doordash is the leader in the number one spot in the u.s. for online food delivery that s something investors may be willing to pay for, but on a fully diluted basis on an enterprise value to future sales that puts doordash s multiple somewhere around several times 11 turns above its peers looming question of sustainability doordash
please don t leave me, girl. don t you go. ain t too proud to plead, baby, baby. please don t leave me, girl. cheryl: welcome to fbn: a.m.. good morning. i m cheryl casone. lauren: good morning, everybody. i m lauren simonetti. let s take a look right now at how your money is moving this morning. futures down in the u.s., dow is off 45, nasdaq down 24. cheryl: yield on the 10 year treasury right now as we see a collapse in the global bond market, down 6 basis points, 2.02%. lauren: consumer confidence plus new home sales due, plus jay powell will give his thoughts on the economy this afternoon. cheryl: tensions in iran continued overnight. let s look at oil. it is unchanged right now, $57.90. lauren: looking ahead to the g-20, stocks in asia lower across the board. the hedge sensinhang seng down,. cheryl: in europe, markets all in the red. lauren: iran declaring the permanent closure of diplomacy with washington in response to president trump s new sanctions targeti
and bill gates joins the call to regulate big tech. why he says it s time his own industry was more closely watched. tech really lost an opportunity to self-regulate by making so many terrible mistakes along the way. that s one way to do it. he talked about his biggest regret. good morning, welcome to earl i start. i m dave briggs. i m christine romans. democratic people talk about the hardest nancy pelosi has to work. she agreed to review changes. democrats in the hispanic caucuses argue the $4.6 billion proposal does not go far enough addressing humanitarian needs. the speaker addressed the border issue before the meeting. families belong together in america everyone has rights. immigrants have rights and we just have to beat that drum for the next couple of weeks. and as we do so, we must also pass legislation that meets the humanitarian needs at the border. the clock is ticking on several fronts. a vote on the democratic proposal remains set for today. lawmake
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